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20121205
20121205
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to accept. china is also applying pressure on its neighbor. arguing that the missile launch could violate u.n. resolutions. nhk world. >> the professor is an expert on the korean peninsula. i spoke with him to get more insight into the korean missile launch. i started with asking him the intention of north korea. >> the mostortant thing for pong i don't think is to appeal or to empathize with their own rights or so they said the most independent sovereign ty is the most important point. peaceful use of the nuclear energy and the other is the peaceful use for outer space. actually using outer space with the launch and show you the time of december. a little bit before december, south korea had time launch their own satellite. they delayed the launch and during the preparation, no one complained. no one criticized. whenever north korea did something with the missile launch, anyone in the international community cannot accept it. therefore some of them admit that north korea has a right to launch missiles into outer space. >> we are talking about two missiles. plus it's december, not the best
with modest gains. europe holding onto gains and china up nearly 3% over night as shanghai catches a break. our road map begins with a $20 billion deal. freeport mcmoran getting into the energy business making two acquisitions. plains exploration and mcmoran exploration. >>> concerns over the u.s. economy as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's
say it was china that got it started, but it was interrupted by president obama. nicole: why do you think december, traditionally, we know for a fact, december is the best performing month since the year 1950. >> it is the end of the year. windowdressing. money pouring in that may have missed the market already. it is also self-fulfilling prophecy. all of those add up to the same reason. it is also the retailers posting their seasonal sales, etc., etc. that would be most of the main drivers. nicole: there is optimism here on wall street. of course, everyone waiting on the fiscal cliff here in washington. have yourself a very merry christmas. they did a great job. tracy: we have to get that on air. ashley: great voice, also. thank you. see you in 15 minutes. tracy: president obama focusing on keeping the entire country from going over the fiscal cliff. one person directly asking the president for a bailout. gerri willis has the latest. gerri: she says they are owed. wayne county voted 75% for the president. listen to this. >> our people, overwhelmingly, supported the president. there
this morning. overnight the asian markets closed with gains as well. after china's leaders -- shanghai composite jumped almost 3%. all the other markets finished the day up but with less spectacular gains. checking in on our numbers. the futures right now indicate a pretty good opening for the dow. nasdaq and s & p 500 across the board all slipping a bit yesterday. and again the nasdaq starts today just below 3,000. all of them testing important levels there. starbucks offering a limited edition gift card. the $450 super premium card is good for just $400 worth of coffee and baked goods. the other $50 covers the cost to make the specially etched card. if you want to buy one you have to go to the luxury goods website guilt.com. >> i'm just going to use yours. i can't afford it. >> sure i got a few. >>> a san francisco dog napping case finally over. >> just like the worst nightmare imaginable. >> how neighbors help a severely ill man get his precious dog back. >>> a giant return. the world series champs resign a clutch hitter. how much he will be paid and what sealed the deal. [ laughter
's oil credit lines with china. the final touches are still being made. but there are highways without cars. schools with no pupils. it feels like a ghosttown. we eventually found someone who had bought a flat. >> so you live in this apartment building? which -- where is your apartment? on the seventh floor. wow. and this building, is it completely filled? >> no, no. >> translator: no. we have through residents in this building. three apartments occupied. >> reporter: is it strange to be in a huge building with only three -- >> translator:ure right. it's a bit change, you know, especially sometimes when i don't have friends, family over who may be tempted to say maybe i should stay in the city, but for all other purposes, it's quite ideal. >> reporter: this economics professor at angola's catholic university says this $3.5 billion project is misguided sfwloosh is it a vanity project? >> yes, maybe. maybe. we are looking through this project as a political project. the housing there is very -- is still very, very, very high in terms of costs, and i think there is a lot of -- to sell the
and china. john fund, coauthor of the book "who's counting." you want a raise? you want a clerical worker? the money is pretty good. $87,000 a year. $105,000 with a compensation package. one of the top u.s. blue collar jobs. >> the outrageous thing about this strike is this. the port owners were willing to say all the clerks will have lifetime employment. but if someone retires we want the flexibility to move their job around or eliminate their position and the union said no. these clerks basically still use paper invoices to make sure the cargo moves clearly. a lot of that can be automated. these jobs, $165,000 are apparently forever. as a result of that we had this unnecessary strike and it cost a billion dollars a day and the price of toys may go up on christmas. >> this was not about benefits, vacation or pensions or salary. it was about the job of these clerks monitoring the port car go and their jobs are going to be guaranteed for life. but they wouldn't be allowed to replace them or eliminate those jobs once they retired. bill: so the debate was about what happens in the future. if
Search Results 0 to 5 of about 6